Takeover makes Pipelife the leader in plastic pipes on the French market
Alphacan’s French building and infrastructure pipe activity represents annual sales of around 45 mEUR and involves the design, production and marketing of PVC pipes used for sanitation and drinking water underground networks as well as for soil and waste systems in buildings. The pipe business has its manufacturing base in Gaillon (France - Eure) and employs around 100 persons.
The CEO of the Pipelife Group, Niels Rune Solgaard-Nielsen, explained: « This step marks an important milestone for the strategic development of the Group, aiming a number 1 or 2 position in the markets we are in. The Alphacan acquisition will make Pipelife the leader for plastic pipe systems in France, one of the largest markets in Europe, and bring the company an important step closer to reaching this goal ».
Javier Miranda, COO Pipelife Region West & Nordic, stated: « This transaction will improve the technical know-how in our Group and create opportunities to realize synergies in product development and customer service ».
Christian Gagné, Managing Director of Pipelife France, added: « Alphacan has a solid customer base, whose products are perfectly complementing our own product range. By combining the production know-how and market position the synergies are significant and Pipelife can further develop its plastic pipe product and system offerings to the benefit of all customers ».
The operation is subject to the legal information and consultation process involving personnel representative bodies of Alphacan and Pipelife.
The Pipelife Group is a 50/50 JV between Wienerberger and Solvay. It is one of Europe’s leading Plastic Pipes and Fittings groups active in 27 countries and operates 26 factories with 2,350 employees achieving pro-forma sales of 716 mEUR in 2010.
Alphacan, a subsidiary of the Arkema Group and one of the leaders in the plastics converting market, employs 950 people at its 8 production sites in a number of European countries, namely France, Germany, Italy, The Netherlands and Croatia. Alphacan’s know-how and industrial expertise may be found in all manufactured products from its two sectors of activity, i.e. PVC Profiles and Pipes.
For additional information contact:
Christian Gagné, Managing Director, Pipelife France
Tel.: +33 2 3252 57 74
Niels Rune Solgaard-Nielsen, CEO, Pipelife International
Tel.: +43 2236 43939 0| email@example.com